88 Vernon Street

    88, VERNON STREET, LINCOLN, LN5 7QT

    This terraced freehold property on Vernon Street last sold in September 2023 for £85,000. Based on price growth in the LN5 district since then, its estimated current value is £81,073 — placing it in the 2nd percentile nationally and the 2nd percentile within LN5. The property covers 100 m² (1,076 sq ft), giving an estimated value of £811 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,076 sq ft

    100 m²

    Last Sale Price

    £85,000

    Sept 2023

    Estimated Valuation

    £81,073

    Est. £/sq ft

    £75/sq ft

    £811/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,076 sq ft (100 m²)
    EPC dateSept 2021
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Sept 2023

    £85,000

    17 Jun 2005

    £120,000

    Key Metrics

    Estimated valuation£81,073
    Value per sq ft / m²£75/sq ft (£811/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN5 district percentile2nd percentile
    National percentile2nd percentile

    District Context — LN5

    LN5 covers parts of central and south Lincolnshire, including areas around Lincoln and the surrounding districts. It is a mixed market with strong student and young professional presence alongside traditional residential communities.

    Average Property Price - LN5

    £239,947

    25

    National percentile

    Average Net Household Income - LN5

    £35,074

    32

    National percentile

    10-Year Annualised Price Growth - LN5

    4.6%

    82

    National percentile

    10-Year Annualised Rent Growth - LN

    4.2%

    64

    National percentile

    View full analysis for LN5

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